Disney’s Monsters University Stays Number One and 2 Other Dow Movers to Watch

The Walt Disney Company (NYSE:DIS): Current price $63.67

For the second straight weekend, Monsters University kept its number-one rank in American and Canadian theaters, while taking in $46.2 million in sales for Disney’s Pixar studio. Monsters University is a a prequel to the 2001 hit Monsters Inc., and adds to the series of popular movies from Pixar. Disney acquired the studio in 2006 for $7.01 billion, as part of a plan to produce fewer, higher-profile movies that are likely to return a profit. The company has since fixated that strategy with the purchase of Marvel Entertainment, producer of The Avengers, and Iron Man films, and Lucasfilm, maker of the Star Wars movies.

DIS

Hewlett-Packard Co. (NYSE:HPQ): Current price $24.95

HP’s Enterprise Services division was recently awarded a contract from the Department of the Navy. The contract, called Next Generation Enterprise Network, is worth $3.45 billion and contains five one-year extendable options. Pursuant to the contract, HP will be responsible for supplying a broad range of information tech services and support to the Navy’s communications network that connects 8 million users. To conclude the contract, Hewlett-Packard will get support from AT&T, IBM Corp., Lockheed Martin  and Northrop Grumman Corp. The recent arrangement is basically an extension of a contract initiated in 2000.

HPQ

United Technologies Corp. (NYSE:UTX): Current price $94.77

On Friday, UTC Aerospace Systems celebrated the grand opening of its corporate headquarters on West Tyvola Road in Charlotte. During the ceremony, the UTX division announced a commitment of $250,000 to Discovery Place’s new professional development program for educators of technology, science, engineering and math . The gift was first made public at an event at Discovery Place in uptown Charlotte to announce the creation of the Center.

UTX

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